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Account Format

Account Format

An account is simply a record of all changes to a specific asset, liability, or equity item. T-accounts format account balances by keeping the debits on the left side and the credits on the right.

Contents:

1 What is an Account? 2 Types of Accounts 3 Account Format

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More about this material

Material Type:
Reference Material
Date Added to MERLOT:
September 3, 2018
Date Modified in MERLOT:
October 7, 2018
Author:
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College Lower Division, College Upper Division
Technical Format:
Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Accessibility Information Available:
Unknown
Creative Commons:
No

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